Editorial: Housing crisis needs considered response

The prospect of tax breaks for landowners and developers is one that will alarm the public after six years of austerity wrought by a plain vanilla property bust. But such is the shortage of homes, primarily in Dublin and other large urban centres, that the Government is contemplating reducing or abolishing capital gains tax rates to encourage landowners to sell land for development.

The prospect of tax breaks for landowners and developers is one that will alarm the public after six years of austerity wrought by a plain vanilla property bust. But such is the shortage of homes, primarily in Dublin and other large urban centres, that the Government is contemplating reducing or abolishing capital gains tax rates to encourage landowners to sell land for development.

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Editorial: Housing crisis needs considered response

Independent.ie

The prospect of tax breaks for landowners and developers is one that will alarm the public after six years of austerity wrought by a plain vanilla property bust. But such is the shortage of homes, primarily in Dublin and other large urban centres, that the Government is contemplating reducing or abolishing capital gains tax rates to encourage landowners to sell land for development.